Chapter 583 Commercial Insurance
“Oh, you don’t know. How difficult it was for those who opened factories to recruit workers in the past. Generally speaking, factory owners are from the city, and their factories will be in It is near the town, but people who lived in the city used to have their own livelihoods to support their families, and did not have much willingness to work in factories. When going to the countryside to recruit people, due to various obstacles from local snakes, few people could be recruited. It’s fine now, hehe.”
When he said this, Grete said with a smile, “I’ve recently hired a few country boys to work with, and it feels really good. Country people are nice, obedient, and hard-working. , do whatever you ask, don’t know how to bargain, get half the salary, and do the work for two people, not as cunning as the city people.”
Although I don’t agree with the last words of my friend, Shi. Denver wasn't going to argue with him. Based on the information in this conversation, it seems that in the future, the political status of rural landowners will be the same as that of ordinary farmers.
But is Earl Grayman really not worried about the serious consequences of his radical measures? You know, his army is full of young officers who come from landlord families. Thinking of this, Stanford inexplicably remembered a young man on his ship, a weapons administrator assigned by the Navy to the exploration team. During the long sea journey, he had chatted with the young man several times and heard him complain about one thing - In recent years, promotions in the army have been somewhat biased towards those from ordinary families, and this young man came from a well-known squire family in his hometown. After feeling that there was no hope of promotion based on his qualifications, he decisively signed up for overseas exploration. The team was sent to Stanford in the hope of earning a share of credit.
Perhaps Count Grayman had already prepared? Stanford is also a little unsure.
In this way, Stanford and his friend Grit chatted all the way, entered Lake Town together, and then separated in the city center. At this time, the center of Huxin Town has moved to the center of the new city on the south bank of Lake Weiss. Grit went about his business, while Stanford continued to the Lord's Mansion to meet Count Greyman.
——
“Our new policy in the countryside has not met with any physical resistance.”
In Paul’s office, several important officials from the Government Affairs Council stayed silent. Here, a small meeting is taking place, and Hansel, the director of the Ministry of Agriculture, is reporting the latest situation to Paul.
"However, the people whose interests are affected by the new policy - the squire and landowners - must be resentful. I have communicated with some of them."
Hansel is a little worried. Said, "Many people say they will faithfully abide by the orders of Huxin Town, but their words and tone... reveal the grievances and even anger that cannot be concealed."
"Griefs ?" Hearing Hansel say this, Paul raised his eyelids, "Well, it makes sense to think so. If the king kills Giles now and then deprives me of my title, I will too. "I feel wronged."
"But!" he said firmly, "I have no intention of taking back my order."
Paul stood up from his chair and walked to the middle of the room. , he walked slowly for a while, seeming to be thinking.
"I will compensate them in other ways. As long as they are willing to invest their wealth in new industries - opening factories and engaging in commerce, I will reduce their taxes and even provide subsidies."
"Oh. , I think this is just wishful thinking of yours." Hansel shook his head and expressed pessimism about Paul's words. "In the past, as long as they lay at home, the silver coins would automatically flow into their wallets. The land is a wealth generator that never stops. No matter what, they can make a sure profit without losing money. It can be said that the harvest is guaranteed during drought and floods - anyway, there are losses. The tenants bear the responsibility. They charge more rent in good years and less rent in bad years. It’s nothing more than a certain amount. "But what about doing business? Doing business requires costs, especially. For those landowners who are accustomed to a comfortable life in the countryside, they have to start from scratch to explore production sites, experienced workers, and supply and marketing channels. In this case, who can guarantee that they will make a steady profit, let alone those in the market? The situation changes so fast that even experienced people who have been immersed in it for many years will lose everything if they are not careful. If you want to make wealth, you have to spend a lot of energy to summarize and study the market rules, and The rules summarized may not be effective in certain special situations. Therefore, compared with new industries that require great efforts and huge risks, I think those squires still prefer the pastoral songs of the past." "Oh!" Listen! After hearing Hansel's analysis, Paul sighed helplessly. The inertia of tradition is too great, and most people are accustomed to choosing things they can foresee.
“Ah!” He suddenly stamped his foot hard, and his frown relaxed, “I suddenly thought of a good idea.”
Without waiting for anyone to ask, Paul couldn't wait to introduce his new idea.
“I plan to let the bank launch a new business-commercial insurance?”
Commercial insurance? Everyone who heard this word for the first time looked at Paul in confusion.
"Yes, commercial insurance." Paul explained: "In a nutshell, it means paying a small sum of money to the bank to buy an... insurance before doing business. If your business does not lose money, then this amount A small amount of money was made by the bank, but if your business loses money, the bank will give you a sum of money as compensation for your business losses.”
Paul didn’t know much about insurance before traveling. Explain this new thing according to your own understanding.
"This is a novel idea." Old Ford, the general manager of the Government Affairs Council, said, "It can reduce businessmen's fear of losing money. But... if this continues, won't the bank lose money? Where do we get so much money?"
"Oh, my Lord Steward." Paul explained to Old Ford and others: "Let me give you an example, if I offer an insurance price of 10 silver shields, the person who bought my insurance will meet In the event of an accident, you can get 20 silver shields as compensation. Now 10 people have bought my insurance, and I have received 100 silver shields. 2 of the 10 insured people have lost money in business, and the other 8 have not. If I lose money, I only need to pay 40 silver shields to those two people, and I still have 60 silver shields in my hand. Isn’t this a profit? And with the 60 silver shields, I can use some of them to invest elsewhere. Earn more money, and if nothing happens, it will just get rusty if you just let it stay in the bank."
Old Ford asked: "But what if all 10 people lose money?"< br>
Paul exclaimed exaggeratedly: "Oh my God! We won't really encounter that extreme situation, right? Besides, we can make it through careful design..." Then he suddenly waved his hand, "Forget it. Forget it, that goes against my original intention.”
Everyone discussed Paul’s idea of launching an insurance business, and finally felt that it would stimulate people’s courage to invest in new industries, so they decided on it. down.
(End of this chapter)